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Reading: People and Places launches ‘The Med’ project with EGP 16bn investment
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Dailynewsegypt > Blog > Business > People and Places launches ‘The Med’ project with EGP 16bn investment
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People and Places launches ‘The Med’ project with EGP 16bn investment

Daily News Egypt
Last updated: 2022/10/23 at 11:15 PM
By Daily News Egypt 2 Min Read
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People and Places launches ‘The Med’ project with EGP 16bn investment
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People and Places, the next generation community maker, announces its collaboration with Campbell Gray Hotels to create a uniquely luxurious and authentic experience in its iconic property The Med, the company’s project located in the North Coast with a total investment of EGP 16bn.

The Gray Beach Hotel and Residences oasis-like experience at The Med, is planned to encompass serviced beach residences and a hotel, anchored by sandy beaches, azure-colored lagoons and palm trees all around while overlooking the turquoise waters of the Mediterranean Sea. The residences feature one floor residential units, fully finished, fully serviced and fully furnished two and three bedrooms.

People and Places and Campbell Gray Hotels celebrated their collaboration during a lavish event held at Mohamed Ali Palace. This celebration marked the kick-off of The Gray Beach Hotel’s first phase, sold-out after one week of the launch, and includes the beach club that will commence its activities in 2023.

Commenting on this collaboration, Karim El Assal, Co-founder of People and Places, said: “Through this partnership, we aim to contribute to developing the high-end tourism market in the area and create an authentic and sustainable destination that will add value to the hospitality scene in the North Coast.”

Nabil Amasha, Co-founder of People and Places, stated that the company is a community maker, bringing people together and we’re excited about this collaboration with Campbell Gray to create a unique experience for the seekers of authenticity.

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